ETEC vs. AADR ETF Comparison

Comparison of iShares Breakthrough Environmental Solutions ETF (ETEC) to WCM BNY Mellon Focused Growth ADR ETF (AADR)
ETEC

iShares Breakthrough Environmental Solutions ETF

ETEC Description

ETEC provides exposure to global equities categorized as emerging green technology. Selection begins with the initial index universe that then excludes companies involved in controversial issues against UNGC principles. Stocks are reviewed to meet revenue derived from eight sustainable themes: energy efficiency, green buildings and transportation, pollution prevention and reduction, renewable energy, resource efficiency technologies and services, water, and sustainable agriculture, food, and forestry. The fund excludes companies with total sustainable product revenue less than 25%. The remaining stocks are screened further to only include companies classified as green technologies. Stocks are scored within the Rogers innovation adoption curve to determine their position across the innovators-laggards spectrum, which contributes to an aggregate score. The top 50 companies with the highest aggregate scores are selected. The market cap-weighted index is reconstituted annually in December and rebalanced quarterly.

Grade (RS Rating)

Last Trade

$21.15

Average Daily Volume

433

Number of Holdings *

11

* may have additional holdings in another (foreign) market
AADR

WCM BNY Mellon Focused Growth ADR ETF

AADR Description The investment seeks long-term capital appreciation above international benchmarks such as the BNY Mellon Classic ADR Index, the fund's primary benchmark, and the MSCI EAFE Index, the fund's secondary benchmark. The sub-advisor seeks to achieve the fund's investment objective by selecting primarily a portfolio of U.S.-traded securities of non-U.S. organizations, most often American Depositary Receipts ("ADRs"), included in the BNY Mellon Classic ADR Index. The fund's investment focus follows the Sub-Advisor's core philosophy of investing in industry-leading non-U.S. organizations led by visionary management teams with sound business strategies.

Grade (RS Rating)

Last Trade

$65.17

Average Daily Volume

495

Number of Holdings *

26

* may have additional holdings in another (foreign) market
Performance
Period ETEC AADR
30 Days -9.76% 0.93%
60 Days 0.57% 2.32%
90 Days 5.79% 12.08%
12 Months 3.50% 33.06%
0 Overlapping Holdings
Symbol Grade Weight in ETEC Weight in AADR Overlap
ETEC Overweight 11 Positions Relative to AADR
Symbol Grade Weight
BWA D 6.07%
OLED F 5.69%
TSLA A 4.37%
LI C 3.94%
FSLR C 3.25%
XPEV B 3.24%
ENPH F 2.97%
XYL F 2.75%
NIO D 2.41%
LCID F 1.14%
SEDG F 0.9%
ETEC Underweight 26 Positions Relative to AADR
Symbol Grade Weight
GGAL B -5.2%
NVO F -5.17%
YPF A -5.13%
BMA B -4.61%
ERJ C -3.96%
ABBV A -3.79%
PAM B -3.7%
QFIN B -3.48%
MUFG A -3.36%
HMY B -3.27%
SAP B -3.27%
MELI A -3.05%
RELX C -3.0%
VRNA A -2.91%
BBVA B -2.8%
ERIC A -2.77%
BCS B -2.66%
TSM B -2.48%
SE B -2.45%
TEVA A -2.42%
SMFG B -2.34%
ING C -2.28%
NVS D -2.18%
CHKP F -2.1%
LOGI D -2.03%
NMR D -2.02%
Compare ETFs